Good MorningInvestors got another shot of good news on Monday when Moderna released results from its early-phase COVID-19 vaccine trials. Moderna says its vaccine candidate produced very promising results in 95% of trial candidates surpassing the 90% success rate produced by Pfizer. While it will be many months before either vaccine is widely available the news is a balm to markets faced with rising COVID-19 cases. The S&P 500 and Dow Jones Industrial Average both set new closing highs on the news and the NASDAQ Composite is close behind.
This week could see the markets continue to rise. There is a raft of economic data due out over the week and it could fuel the market melt-up. Longer-term, the event investors need to watch is the Georgia senate run-off. If the Republicans lose control of the senate all bets are off.
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Markets | | | Shares started out the week on a strong footing after the Standard & Poors 500 hit a fresh high on Friday, with robust data from Japan and China fueling optimism over economic recoveries even as coronavirus caseloads surpass earlier records.
Stock benchmarks rose Monday in Hong K... Read the Full Story |
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From Our Partners | | Congress is deep into “Crypto Week” — with new bills that could finally bring clarity to digital assets.
Crypto analyst Juan Villaverde says Bitcoin will likely keep climbing… but smaller coins could deliver far bigger gains. He’s revealing the altcoins he believes are best positioned for this new regulatory era. | | See Juan’s top altcoin picks for the new crypto bull cycle |
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Stocks | | |
With so much uncertainty in the world right now, companies that offer steady returns and reliable cash flows are looking more and more attractive to investors with each passing day. It can really pay off to add a few blue-chip stocks to your portfolio that you know you can count on. These are stoc... Read the Full Story |
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Politics | | | Shares started out the week on a strong footing after the Standard & Poors 500 hit a fresh high on Friday, with robust data from Japan and China adding to optimism over economic recoveries even as coronavirus caseloads surpass earlier records Read the Full Story |
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Tech | | | Lyft scored a major victory when California voters passed Proposition 22, allowing app-based companies to treat drivers as contractors instead of employees and saving the company from what many anticipated would be crippling expenses Read the Full Story |
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Markets | | | Britain will be the first country to run final stage trials of an experimental coronavirus vaccine being developed by the pharmaceutical company Janssen, a subsidiary of Johnson & Johnson.
Scientists will begin recruiting some 6,000 people across the U.K. on Monday for the 12-mon... Read the Full Story |
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From Our Partners | | A little-known Title 15 provision could let you collect instant payouts — $100 to $1,000 — directly from your smartphone.
You don’t need to trade stocks or own assets. Jeff Clark has used this strategy for years with elite clients, and now he’s revealing it in a short video for everyday Americans. | | Watch how to collect your first payout here |
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Markets | | | Tyson Lags The Market
The consumer staples industry (NYSE:XLY) has been one of the best-performing groups in the pandemic. Within the group, there are some deep-values and Tyson Foods (NYSE:TSN) is one of them. Not only is Tyson Foods a growth stock but it is a steady, blue-chip consumer food... Read the Full Story |
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Markets | | |
When we consider which stocks have benefitted from market trends caused by the pandemic, usually the first ones that come to mind are cloud-based software companies, e-commerce companies, and any of the “stay-at-home” stocks. On the other hand, the brick-and-mortar retail industry has ... Read the Full Story |
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Markets | | | Farfetch (NYSE:FTCH) is a company that provides a technology platform for the global fashion industry. The stock is trading near its all-time highs thanks to a recent announcement that Alibaba (NYSE:BABA) will invest millions Read the Full Story |
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Tech | | | U.S. retailer Walmart is selling off 85% of its wholly owned Japanese supermarket subsidiary Seiyu, while retaining a 15% stake, in a deal valued at 172.5 billion ($1.6 billion), the companies said Monday.
KKR & Co., a global investment firm, will purchase a 65% stake, while Japan... Read the Full Story |
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Markets | | | Home Depot (NYSE: HD) has undoubtedly been a pandemic winner, with shares trading well above pre-pandemic levels. Four tailwinds responsible for the home improvement retailer’s success in 2020 are:
Bored homeowners turning into enthusiastic DIYers.
Home equity loans becoming available at h... Read the Full Story |
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The Early Bird Stock Of The Day Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania. | | View Today's Stock Pick |
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